GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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an independent attorney must always be consulted before signing a joint venture agreement
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large corporations are the only business structures that can benefit from joint ventures
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joint ventures are used only when it is necessary to raise a lot of capital
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joint-venture arrangements are usually short-term relationships
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Detailed explanation-1: -Joint ventures can be informal (a handshake) or formal, and they can be short term or long term. Often the joint venture creates a separate business entity, to which the owners contribute assets, have equity, and agree on how this entity may be managed.
Detailed explanation-2: -We reviewed their content and use your feedback to keep the quality high. Which of the following statements is NOT true regarding joint ventures? The correct answer is C. Joint ventures are more likely to work when the risks are unknown. …
Detailed explanation-3: -Two parties, (individuals or companies), incorporate a company in India. The above two parties subscribe to the shares of the joint venture company in agreed proportion, in cash, and start a new business. More items